Insiders were the key beneficiaries as Lumax Auto Technologies Limiteds market cap rises to 22b - Simply Wall St
About 67% of Lumax Auto's investor base is looking to short. The analysis of current outlook of investing in Lumax Auto Technologies suggests that many traders are alarmed regarding Lumax Auto's prospects. The current market sentiment, together with Lumax Auto's historical and current headlines, can help investors time the market. In addition, many technical investors use Lumax Auto Technologies stock news signals to limit their universe of possible portfolio assets.
Lumax Auto stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Lumax daily returns and investor perception about the current price of Lumax Auto Technologies as well as its diversification or hedging effects on your existing portfolios.
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Insiders were the key beneficiaries as Lumax Auto Technologies Limiteds market cap rises to 22b Simply Wall St
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Lumax Auto Fundamental Analysis
We analyze Lumax Auto's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Lumax Auto using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Lumax Auto based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Profit Margin
Profit Margin Comparative Analysis
Lumax Auto is rated third overall in profit margin category among its peers. Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Lumax Auto Technologies Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Lumax Auto stock to make a market-neutral strategy. Peer analysis of Lumax Auto could also be used in its relative valuation, which is a method of valuing Lumax Auto by comparing valuation metrics with similar companies.
Peers
Lumax Auto Related Equities
JINDRILL | Jindal Drilling | 3.84 | ||||
VCL | Vaxtex Cotfab | 2.53 | ||||
MOKSH | Moksh Ornaments | 0.92 | ||||
TEXRAIL | Texmaco Rail | 0.19 |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Other Tools for Lumax Stock
When running Lumax Auto's price analysis, check to measure Lumax Auto's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lumax Auto is operating at the current time. Most of Lumax Auto's value examination focuses on studying past and present price action to predict the probability of Lumax Auto's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lumax Auto's price. Additionally, you may evaluate how the addition of Lumax Auto to your portfolios can decrease your overall portfolio volatility.
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